Reply To: RMD relief for 2019 included in Heroes Act

Home Fairmark Forum Retirement Savings and Benefits RMD relief for 2019 included in Heroes Act Reply To: RMD relief for 2019 included in Heroes Act

#6602
dienerte
Participant

Alan,
I took my 2019 RMD (doing some of it in the form of a QCD) and did an additional Roth conversion up to near the $170K IRMAA level. So, if I understand you correctly, and if this ultimately becomes law as currently indicated, I could somehow do a Roth conversion of the 2019 RMD taxable portion. And this action does not appear to need any amended return since the amount that might be converted is already taxed. But how would I get my investment firm (VG) to convert and report such conversion to a Roth IRA, especially since it would be done in 2020? Anyway thank you for posting as much as you have and I will continue monitoring this post.

  • This reply was modified 1 year, 3 months ago by dienerte.